PHNOM PENH, May 2 (Xinhua) -- Cambodia and Mongolia on Friday signed a Memorandum of Understanding (MoU) on the establishment of bilateral consultations, aimed at bolstering bilateral ties and cooperation, a Cambodian official said.
The deal was inked between Long Visalo, Secretary of State of the Cambodian Ministry of Foreign Affairs, and Damba Gankhuyag, deputy foreign minister of Mongolia.
"The MoU is very important to pave the way for the two countries to increase cooperation in bilateral, regional and international frameworks," Koy Kuong, a spokesman for the Ministry of Foreign Affairs, told reporters after the signing ceremony. "Under the deal, both sides also can exchange information and opinions on bilateral, regional and international issues."
He said it was the second document after the two countries signed an agreement on visa exemption for diplomatic and official passport holders in 2012.
Both sides also agreed to strengthen cooperation in economics, trade, investment and tourism.
Cambodia and Mongolia established diplomatic relations in 1961.